Continued from page 1
I knew things were going downhill, but couldn’t do anything to stop them. I was only there to observe. At last,
killer question emerged: “How much does it cost?”
The sales rep, trying to deflect it, explained that a full assessment was needed to configure
system properly. He suggested that as
next step, but
damage was already done.
“You’d be wasting your time,”
buyer said. “There’s no way we can spend that kind of money right now. Besides, it can’t ...” He proceeded to pick apart some minor detail about
system.
The sales rep looked puzzled, not understanding why this qualified buyer would so quickly reject
new product - especially when it had such a financially attractive value proposition. He was never able to get
meeting back on track. We left with no follow-up planned.
You know what
problem was?
It was that darn brochure! By bringing it out so early,
sales rep lost control of
sale process. He didn’t uncover any problems, difficulties or dissatisfaction with
current system. He didn’t explore any business ramifications or find any pay-offs for making a change. No wonder
buyer said it was too expensive.
Worse thing is,
sales rep dug his own grave; everything that happened was totally preventable.
LESSONS LEARNED
1. The untimely use of brochures and other marketing collateral quickly derails even
best sales efforts with highly qualified prospects.
2. If your sales process requires multiple calls and involves a variety of decision makers, keep your new product or service brochures in
car on
first call.
3. Use early sales calls to focus on
customer, their goals, processes, challenges, issues, bottlenecks and needs.
4. Save your brochures till later - you may never even need to use them!
Jill Konrath, President of Selling to Big Companies, helps small businesses win big contracts in
corporate market.
For free articles on getting your foot in
door and developing profitable long-term relationships, sign up for Quantum Leaps Selling, our FREE eNewsletter. Take your business to
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Jill Konrath is founder of SellingtoBigCompanies.com, a web resource that helps small businesses win big contracts in the corporate market. To learn more about how to get your foot in the door, create urgent needs for your services and develop profitable long-term relationships, check out http://www.SellingtoBigCompanies.com . Sign up for our FREE newsletter, Quantum Leaps Selling by sending an email to mailto:jill@sellingtobigcompanies.com with subscribe in the subject line.